The roadshow will travel to key Indian cities, each with its own specific sectors of focus. Prime Minister Narendra Modi is likely to inaugurate the UP Investors’ Summit to be held in Lucknow on February 21-22. “The PM has expressed his willingness to attend the session. Along with him, a host of Union ministers are also likely to participate,” said an official. Around 5,000 delegates from India and abroad are expected to attend the event and we are expecting MoUs of Rs 1lakh crore to be signed. Reports Amit Bhanot in Governance Democracy&Politics (GDP), December Issue
Uttar Pradesh government started the preparation for its UP Investors Summit 2018 with its inaugural domestic roadshow in Delhi on 8th dec 2017. The domestic roadshows will see the UP government make a pitch to industrialists and investors from multiple sectors to invest in India’s most populous state.
The inaugural road show was held at a hotel in New Delhi, and saw the participation of a number of high-ranking officials of the Uttar Pradesh government. The roadshow will travel to key Indian cities, each with its own specific sectors of focus. Prime Minister Narendra Modi is likely to inaugurate the UP Investors’ Summit to be held in Lucknow on February 21-22. “The PM has expressed his willingness to attend the session. Along with him, a host of Union ministers are also likely to participate,” said an official. Around 5,000 delegates from India and abroad are expected to attend the event and we are expecting MoUs of Rs 1lakh crore to be signed.
The Delhi roadshow will be followed by similar events in Bengaluru, Hyderabad, Ahmedabad, Mumbai and Kolkata. Speaking at the inaugural road show, Uttar Pradesh’s Industrial Development Minister Satish Mahana underscored the Adityanath government’s policy of zero tolerance towards crime and criminals, as part of the bid to make Uttar Pradesh a key investment destination.
Officials made presentations on the various policy measures that the government has been putting in place to improve the business and investment environment in the state. During the road show Uttar Pradesh’s Industrial Development Minister Satish Mahana, IDC Commissioner Anup Chandra Pandey, UP Khadi and Gramuyodgh Department Principal Secretary Navneet Sehgal were also present.
The Delhi roadshow saw the participation of 350 decision makers, such as Netherlands Ambassador Alphonsus Stoelinga, Maruti Suzuki chairman RC Bhargava, Daikin Air Conditioning MD Kanwaljeet Jawa, Swedish retailer IKEA Group’s Patrick Antoni, Walmart India’s Rajneesh Kumar, and others.
The roadshow also featured a number of business-to-government meetings on the sidelines, where stakeholders discussed future investments and attempted to work out the modalities of the path forward.
Here is the detailed schedule of the roadshows and the city-specific sectors of focus:
December 18 – Bengaluru – IT/Electronics and Manufacturing
December 19 – Hyderabad – IT/Electronics, Manufacturing and Energy
December 21 – Ahmedabad – Textiles, Manufacturing, Energy, and Food & Agro
December 22 – Mumbai – Banking, Infrastructure, and Food & Agro
January 5 – Kolkata – Textiles, Fisheries, Corporate and House
